8278 11 Highway S , Severn

$999,000 / MLS® Listing #:266300

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Check this one out! Could be the Investment Or Life Style choice you have been waiting for. Investment rental property Or perfect as a 'Live and work' location. Moments to downtown Orillia. Here you will find a 3 bedroom house and 10 X bachelor units. Purposely built as a motel business with owners residence, however currently all 11 residential spaces are monthly rentals, most with long term tenants. Convenient highway access with easy on / off, with overpass steps away. In area of residential and commercial mix. Recent improvements include: Boiler heat system 2015; septic system 2010; storage shed 2019; created an on-site laundry area; water softener system; most units with back doors to access their private patios; beginning interlocking brick patio 2020 for common use of all tenants. Low maintenance, all brick building with efficient utilities costs. Nice property with small creek at back. Excellent income property. Seller motivated, will consider all reasonable Offers. (id:10452)

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Property Details

Property Type Other
Square Feet
Maintenance N/A
Days On Our Website 106
Basement - None
Lot Dimensions 1.8 ac|1/2 - 1.99 acres
Pool N/A
Area Severn
Air Conditioning N/A
Heating - Heat Pump
Exterior Concrete, Vinyl siding
Parking Spaces 15
Parking Type Shared
Sewers Septic System
Water Dug Well, Well


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